Economy/Ecommerce
Economy Watch: OECD Optimistic about G7 Economies (except Japan)
The OECD sees private-sector investment and trade in the world’s biggest economies boosting recovery; non-manufacturing growth continues; and federal budgeting continues to be a mess.
Economy Watch: 50,000 McJobs?
McDonalds plans to hire 50,000 workers on April 19; Geithner warns Congress about the consequences of hitting the debt ceiling; and Bernanke downplays inflation.
Economy Watch: Private Sector Hires, Public Sector Fires
Jobs numbers look good for March; construction spending is down; and Ron Paul wants to take the Fed to task for lending to non-American banks.
PODCAST: Economy Watch Weekly with Dees Stribling
For the week ending April 1, jobs reports show unemployment dropping a little, trying to stay ahead of population growth; pending home sales show a glimmer of hope for the single-family market; and will the federal government shut down?
Economy Watch: Employment Treads Water in March
The U.S. Bureau of Labor Statistics shows the labor market holding on, despite international nervousness; an ISM report is not as optimistic; a suit against Freddie Mac is dismissed; and new information comes to light regarding Fed lending in 2008.
Economy Watch: Non-Official March Jobs Numbers Not Bad
Public-sector jobs took a big hit, but private-sector cuts weren’t bad; the shadow inventory of U.S. homes is slightly less huge; and the Fed is looking for a high bidder for subprime MBS bonds.
Economy Watch: Case-Shiller Reports Continuing Home-Price Contractions
Single-family prices are down, along with consumer confidence, and the IBIS releases its doomsday report on dying industries.
Economy Watch: Consumer Income, Spending Rise in February
Personal income and expenditures were up in February; pending homes sales were up slightly as well; and a gender discrimination suit against Wal-Mart reaches the Supreme Court.
Economy Watch: Consumers Feeling Blue Once More
Consumer sentiment points toward nervous times; the Fed is looking to sell subprime mortgage bonds; and GDP growth for 4Q10 was revised upward.
PODCAST: Economy Watch Weekly with Dees Stribling
For the week ending March 25, U.S. GDP was revised upwards, but other than that the news was mostly negative, highlighted by uncertainties on the world stage, such as a debt crisis in Portugal. U.S. housing is in a serious trough, and workers over 55 are working longer, not because they want to, but because they have to.